Recent News

Goldman Sachs: #Nickel likely to hit US$20,000 a tonne on Indonesia ban

September 02, 2019 / bt.sg

[BEIJING] Goldman Sachs expects nickel prices to reach US$20,000 a tonne in three months, a level not seen since May 2014, after Indonesia said it would expedite a ban on nickel ore exports by two years to the end of 2019. Read more at The Business Times.Read full newsRead More

Gold Prices Flat for Week as Pause in Trade Tensions Puts Brakes on Monthly Surge

August 31, 2019 / www.investing.com

Investing.com - Gold prices were little changed on Friday,after a modest boost from U.S. inflation data failed to revive a rally driven by last week's escalations of the U.S.-China trade war. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, rose $1.15, or 0.1%, to $1,538.05 a troy ounce by 9:15 AM ET (13:15 GMT).The precious metal pulled away from t...Read More

Chinese-owned #nickel plant spills waste into Papua New Guinea bay | Article [AMP] | Reuters

August 28, 2019 / uk.reuters.com

Waste from a nickel plant in Papua New Guinea owned by Metallurgical Corporation...Read full newsRead More

Tight margins, sustainable supply chains drive EV manufacturers' need for lithium benchmark

August 29, 2019 / www.metalbulletin.com

The whole battery supply chain will benefit from lithium benchmark pricing, Fastmarkets head of battery raw materials research William Adams says as he explores what is driving auto manufacturers to support this pricing mechanism. The auto industry is going through a period of unprecedented change due to companies introducing electric vehicles (EV) into their portfolios alongside internal combusti...Read More

FPX Nickel is very proud to support this research initiative toward developing a carbon neutral mine at our Decar...

August 22, 2019 / twitter.com

"FPX Nickel is very proud to support this research initiative toward developing a carbon neutral mine at our Decar #nickel project in British Columbia https://t.co/O3NQvh71DU"Read full newsRead More

Silver Investing - Silver Stocks, Mining Companies, Prices and News

June 06, 2020 / www.infomine.com

Top GainersExchangeSymbolChartCurPricechg | %Para ResourcesTSX-VPBRCAD0.200.0421.21Telson MiningTSX-VTSNCAD0.090.0113.33Starcore International MinesTSXSAMCAD0.100.0111.11Xiana MiningTSX-VXIACAD0.050.0111.11Tribune ResourcesASXTBRAUD6.940.599.29Top DeclinersExchangeSymbolChartCurPricechg | %OrminexASXONXAUD0.04-0.01-14.29Inca OneTSX-VIOCAD0.70-0.10-12.50Hillgrove ResourcesASXHGOAUD0.040.00-7.69Ch...Read More

New interview with FPX's CEO Martin Turenne on the rising #nickel market. Thanks to @miningstockedu for excellent o...

August 19, 2019 / twitter.com

"New interview with FPX's CEO Martin Turenne on the rising #nickel market. Thanks to @miningstockedu for excellent ongoing coverage of the mining sectorhttps://t.co/pUpviAtL2O"Read full newsRead More

The Case for Gold Keeps Getting Stronger As Negative Interest Rates Spread

August 20, 2019 / news.goldseek.com

- Clint SiegnerThe world has truly entered uncharted waters with negative interest rates spreading so far and wide. Frank Holmes, CEO of US Global Investors, recently noted that a whopping 25% of all bonds sold globally now carry a negative yield. Investors are even buying some junk rated bonds which will repay the bearer less than purchase price upon maturity. Now European banks, who have been...Read More

Indonesia's president to decide whether ore export ban to be brought forward #nickel

August 14, 2019 / reut.rs

Indonesia's President Joko Widodo will make the final decision on whether t...Read full newsRead More

'As goes mining, so goes the Yukon': Government and corporate leaders praise territory's potential

August 15, 2019 / www.northernminer.com

With 11 of 13 First Nations reaching settlements on land claims and a new gold mine set to ramp up production, Yukon was the focus of discussion during the Territorial Panel at The Northern Miner's annual Canadian Mining Symposium held at Canada House in London, U.K., earlier this year.The panel consisted of Yukon Premier Sandy Silver; Graham Downs, president and CEO of ATAC Resources (TSXV: ATC);...Read More

GDXJ: Pullbacks Should Be Expected But The Gold Party Is Just Starting

August 15, 2019 / seekingalpha.com

The gold price has retreated back down to ~$1,501/oz, after briefly hitting a new high of ~$1,534/oz earlier in the day.Gold and gold mining stocks have put in strong returns these past months, but may need a breather to digest some of the gains.So far in 2019, GDXJ is up 32.79% but it is still trailing GDX, which is up 35.04%.As we head into the fall season, there are a plethora of macro news eve...Read More

IAMGOLD Reports Remaining Assay Results from the 2019 Delineation Drilling Program at the Nelligan Gold Project, Qu...

August 15, 2019 / twitter.com

"IAMGOLD Reports Remaining Assay Results from the 2019 Delineation Drilling Program at the Nelligan Gold Project, Quebec https://t.co/XADB5mu5TM"Read full newsRead More

Cheaper cobalt offers fade while market absorbs Glencore cuts; benchmark price up 11%

August 16, 2019 / www.metalbulletin.com

Sellers successfully raised their spot offers for cobalt metal in the first half of this week against trader position taking and modest consumer restocking in anticipation of higher prices in the coming weeks. Fastmarkets assessed the price for cobalt standard grade, in-whs Rotterdam at $14.65-15.70 per lb on Wednesday August 14, up by 11% compared with last Friday's assessment of $13.05-14.30 per...Read More

Americas Silver plans year-end gold production at Relief Canyon

August 06, 2019 / www.northernminer.com

Americas Silver (TSX: USA; NYSE: USAS) expects to start producing gold before year-end at its fully funded Relief Canyon project in Nevada, 153 km northeast of Reno.The mine will produce about 91,000 oz. gold per year over a 5.6 year mine life at all-in sustaining costs (AISCs) of US$801 per ounce.Americas Silver picked up the project - which includes three historic open-pit mines and a fully perm...Read More

Pure Gold lands US$90M for Madsen

August 07, 2019 / www.northernminer.com

Six months after delivering a positive feasibility study for its Madsen gold project in Red Lake, Ont., Pure Gold Mining has landed a US$90-million financing to bring it into production.The junior is targeting the end of 2020 for the first gold pour at the high-grade, past-producing underground project.The financing, which consists of a US$65-million loan and US$25-million callable gold stream, is...Read More

Indonesian #nickel miners urge govt not to bring forward 2022 ore export ban | Article [AMP] | Reuters

August 09, 2019 / www.reuters.com

* Nickel price rose to 16-mth high on talk of earlier export banRead full newsRead More

US court rules against Hudbay's Rosemont project

August 02, 2019 / www.northernminer.com

Shares of HudBay Minerals (TSX: HBM; NYSE: HBM) plunged 21.4% after a ruling by the U.S. District Court for the District of Arizona halted construction at the company's Rosemont copper-molybdenum project in the state.The court challenged the U.S. Forest Service's issuance of a Final Record of Decision (FROD) on the project and ruled to vacate and remand the FROD. The U.S. Forest Service issued the...Read More

IAMGOLD suspends Rosebel after fatality

August 05, 2019 / www.mining-journal.com

The company said last week it deeply regretted to report "that an incident involving local police and unauthorised artisanal miners within the Rosebel concession has resulted in the death of an unauthorised miner".It said its emergency response team was activated, appropriate authorities had been notified and an investigation into the incident had begun."To ensure the security of our workforce, we...Read More

Gold Prices Rise Ahead of Expected Rate Cut

July 31, 2019 / www.investing.com

Investing.com - Gold prices rose on Tuesday in Asia ahead of an expected rate cut by the U.S. Federal Reserve.Gold futures for August delivery on the Comex division of the New York Mercantile Exchange rose 0.3% to $1,424.30 by 12:45 AM ET (04:45 GMT).Markets widely expect the Fed to cut rates by at least 25 basis points this week. Some traders previously speculated the central bank to slash rates...Read More

Battery metals facing crunch

July 26, 2019

It was the turn of the silver metals to shine this week as nickel, silver and palladium all made gains while gold dipped from recent high points.   With a report from Wood Mackenzie speculating that battery raw materials could face a supply crunch by the mid 2020s, and Roskill offering a view that “despite the current hype, nickel prices remain well below recent highs”, the meta...Read More